1854 Fived Coin?

Discussion in 'Error Coins' started by tommy cent, Mar 27, 2014.

  1. Mainebill

    Mainebill Bethany Danielle

    According to pcgs coin facts in vf 30 is worth $2000 I'd say as a grade vf 20-30 is extremely rare in grades of au-55 and better (likely where you got the 40 k figure from) still scarce in any grade
     
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  3. non_cents

    non_cents Well-Known Member

    Great find Tommy. It appears to be real. But I am not sure if I detect a cleaning on it, the details look a little mushy and that could be indicative of an old cleaning. Better pictures would also help us determine the grade. As it stands, (and I am by no means an expert at grading gold), I am thinking in the F (possibly low VF) range. Again, nice find!
     
    tommy cent likes this.
  4. tommy cent

    tommy cent Active Member

    here on ebay: http://www.ebay.com/itm/like/171255595870?lpid=82
     
  5. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    I'll only address the coin itself. The obverse, of which only one die was used for the date and is correct. The reverse is correct for "Variety 1", is different from what is sometimes called the "weak" mintmark variety, and was only used for this date.
     
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  6. non_cents

    non_cents Well-Known Member

    That one is selling for so much because it is a mint state coin (MS63), which is quite the high grade for a coin like this, especially a valuable one. Unfortunately yours is not worth quite that much, but depending on grade, I would venture around $1500-2000.
     
  7. tommy cent

    tommy cent Active Member

    I only see like 2 or 3 1854 C $5 dollar gold coins available on ebay
    and only a few images to reference on Google images and they are not
    even clear enough.
     
  8. tommy cent

    tommy cent Active Member

    yeah I know its not in that same condition. I was just posting it to show where I'd gotten that 40K figure from.
     
  9. jay4202472000

    jay4202472000 Well-Known Member

    Looks like a winner Tommy! God I bet you are pumped! Congrats man! Truly unbelievable!!
     
    tommy cent likes this.
  10. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    The total estimated surviving population in all grades/conditions is somewhere under 200 IIRC, so don't expect a great deal of information to just fall into your lap.
     
    non_cents likes this.
  11. doug444

    doug444 STAMPS and POSTCARDS too!

    Looks OK to me but you MUST have TPG, one reason being it's very unusual to find a Charlotte or Dahlonega mint gold worse than VF - they just didn't circulate down in the mountains of Georgia and the Carolinas. I am a little concerned about the location of the mint mark and the fairly wide rims. Those concerns are trumped by the amount of wear (difficult to fake convincingly). My estimate, $800-900 range. Send it off tomorrow!
     
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  12. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    nice coin tommy, it looks like, and don't take this the wrong way, but has filed rims, came out of jewelry, but still a nice coin, and a filed rim, isn't as bad as it sounds either
     
    tommy cent likes this.
  13. tommy cent

    tommy cent Active Member

    thanks!
     
  14. tommy cent

    tommy cent Active Member

    Sold!!!
     
    non_cents likes this.
  15. non_cents

    non_cents Well-Known Member

    Well done, if you don't mind sharing, how much did it sell for?
     
  16. tommy cent

    tommy cent Active Member

    I settled for $1300.
     
    non_cents likes this.
  17. Mainebill

    Mainebill Bethany Danielle

    Sold to a happy customer it looks better in hand :) thanks again!! I'm hoping it grades clean
     
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  18. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    filed rims is what it will say, clean is a whole different story
     
  19. Mainebill

    Mainebill Bethany Danielle

    Not cleaned just circulated I looked at it with my loupe fine scratches from handling no sign of cleaning. not ex jewelry either. not sure if the lower rim is filed from the top or just worn that and a pinscratch on the neck are my biggest concerns of it grading clean it'll be off to pcgs hopefully this week
     
    tommy cent likes this.
  20. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    keep us informed, I still say filed rims, looks like my 1854 20 dollar gold coin
     
  21. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    If you're going to make the claim, at least take the time to, in detail, explain your opinion.
     
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